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Earnings research
UNH 2026 Q1
For the quarter ended March 31, 2026, UnitedHealth Group reported performance supported by prior operating actions, while Medicare Advantage and Medicaid membership attrition and elevated Optum Health medical costs remained important pressures.
Reported outcomes
- Revenue
- $111.7 billion
- Up 2% year over year from $109.6 billion
- Adjusted earnings per share
- $7.23
- $7.20 in Q1 2025
- Medical care ratio
- 83.9%
- 84.8% in Q1 2025
- UnitedHealthcare operating earnings
- $5.7 billion
- $5.2 billion in Q1 2025
Management guidance
- UnitedHealth Group raised its full-year 2026 outlook to earnings above $17.35 per share and adjusted earnings above $18.25 per share.
Market reaction
+9.29%
2026-04-20 $323.48 → 2026-04-22 $353.52
Prior trading close to first full trading-session close after the published release date
Open historical market dataPrimary sources
UnitedHealth Group Reports First Quarter 2026 ResultsUnitedHealth Group · earningsVerified
UnitedHealth Group Investor RelationsUnitedHealth Group · companyVerified
Fetched: 7/11/2026, 12:00:00 AM UTC
Open original sourceUnitedHealth Group Form 10-Q for the Quarter Ended March 31, 2026UnitedHealth Group · filingVerified
UNH editorial research profileAlphaVue Research · editorialVerified
Fetched: 7/11/2026, 12:00:00 AM UTC